Transactions can be fully automated and Traded by an Expert Advisor or EA.
An expert advisor or EA is a trading program that automatically between transactions, according to certain rules and without intervention from the investor
an expert advisor or EA is able to analyze the current market situation to decide and negotiate on markets .
The robot trader 4H Range Trader is based on the breakout of the range of 07:00 GMT H4 candle at 11:00 GMT
The expert advisor EA 4H Range Trader is optimized for EUR / USD
included
4HRangeTrader.mq4
Exchange Online - Broker, Broker : platform Trading Metatrader MT4
Strategy - rules Of Trading
Money Management
. Stop loss: pips
. Take Profit: pips
. Lots: -
. Trailing Stop: pips
The stock robot 4H Range Trader places a straddle position with:
. bid stop placed 2 pips + spread above the highest point of the candle H4 07:00 GMT at 11:00 GMT
. order ente stop placed 2 pips + spread below the lowest point of the H4 07:00 GMT candle at 11:00 GMT
Closing the trade:
Take Profit: value of the range of the H4 candle divided by three
Stop loss: value of Range H4 candle divided by 3
more about the rules and trading signals:
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. Article
How to win on the stock exchange
Trading Harmonic - From Figure ABCD Price
Parameters - Test
Trade Example - backtest
Exchange - Instrument
Trading - Trading Forex
Symbol - Swap FX EUR / USD
Session Trading
Time Frame / Time unit UT: 4 Hours H4
. The horizontal axis represents the total number of transactions, profitable or not profitable.
. The vertical axis of the graph represents the change in deposit Dollar USD.
. The blue line on the graph represents a change in the deposit after the end of each transaction (balance)
. The green line on the graph represents a change in the balance of the transaction date (equity)
. The green bars below the graph indicate the volume of transactions .
For a portfolio:
Equity or equtiy is the sum of the remaining account immediately according to the changing positions and would be true in case of immediate closing of all positions.
The balance is the sum of the account at the time of opening positions, it is updated as and extent of the closing positions.
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